ESPN is reporting that Clemson coach Dabo Swinney agreed Saturday to a new eight-year deal worth $27.15 million, keeping him with the Tigers through the 2021 season.

quote:The Clemson University Board of Trustees Compensation Committee approved the terms Saturday morning. Swinney will make $3.15 million in 2014, up from the $2.2 million he earned this past season, will have more money available to pay his assistants and has a $5 million buyout if he decides to leave Clemson during the first three seasons of the deal.

Swinney has scheduled pay raises of $3.3 million in 2015 and $3.45 million starting in 2016. If Clemson wins the ACC championship in 2014, '15 or '16, his salary will jump to $3.5 million the following year. He has the opportunity to earn even more based on incentives, ranging from bowl appearances to a spot in the upcoming College Football Playoff.